Ashvin Patel pays $4.7M to Peter Bajic for industrial in Bushwick

Ashvin Patel paid Peter Bajic’s P.J. Bimi, Inc. $4.7 million for 769 Chauncey Street in Bushwick. The deal closed on April 5, 2021 and was recorded on April 20, 2021. The transaction consists of 1 parcel, including the tax class light manufacturing building (F5)The property is 15,000 square feet. The parcel(s) have total development potential of 15,000 square feet.
The average sale price per square foot is $313.

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